A Review on JIT Manufacturing Key Elements, Inventory, Production and Implementation

Just-in –time manufacturing has been receiving increased attention from industries as they recognize the benefits of lower inventories, reduced set-up-time, smaller job lots, better quality products and lower production cost. Conceptually, JIT is a manufacturing philosophy acknowledges the desire to eliminate all forms of waste in the manufacturing environment. JIT is a approach to achieving excellence in a manufacturing company based on continuing elimination of waste and consistent improvement of productivity. Operationally, JIT manufacturing emphasizes producing and delivering the exact quantity of the product at the exact time when it is needed in every process in as well as outside the factory.JIT embodies a philosophy of excellence to establish demand pulled inventory practices that produce to design specifications at a rapid but smooth delivery at with zero idle inventories, zero unnecessary lead times and increased employee involvement in the process.[2]